Hamd Institute

Analysis

Hamd Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hamd Institute reported income of $788k and spending of $708k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $788k (+322%), an average of +322% a year. The sharpest change came in the year to December 2023, when income rose by 322%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Hamd Institute sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Youth with a Mission-Honolulu Inc ($787k), Friends of Kishinev Jewry ($788k) and Interfaith Welcome Coalition ($787k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). At year end it held assets of $142k against liabilities of $16k, net assets of $127k. It reported 1 employees.